How Much Did Magic Development Raise?
Funding & Key Investors

Magic Development has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total funding accumulation of $150K, the firm has demonstrated robust market resilience. The most recent financing round, which contributed $150K to the balance sheet, underscores the confidence institutional backers place in the company's long-term infrastructure vision. This major strategic investment positions the organization to accelerate its operational capacity within the competitive civil engineering landscape.

What is Magic Development?

Magic Development
ConstructionCivil Engineering Construction

Headquartered in Kissimmee, Florida, Magic Development operates as a specialized entity within the civil engineering and construction sector. By maintaining a lean workforce of 20 to 49 professionals, the company has optimized its project delivery mechanisms to generate annual revenues between 5M and 10M. The firm focuses on high-precision engineering solutions, leveraging its regional expertise to secure complex construction contracts. Its market position is defined by a commitment to structural integrity and efficient resource management, which has allowed it to scale operations effectively despite the capital-intensive nature of the construction industry.

How much funding has Magic Development raised?

Magic Development has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Magic Development

PPP

Public-Private Partnership

What's next for Magic Development?

Following this late-stage capital infusion, Magic Development is poised to transition into a phase of aggressive market expansion and technological integration. The strategic allocation of these funds will likely prioritize the modernization of construction equipment and the expansion of the firm's project portfolio into larger-scale public works. By leveraging this financial backing, the company aims to solidify its footprint in the Florida market while exploring sustainable engineering practices that align with modern regulatory standards. The focus remains on scaling revenue streams and enhancing operational efficiency to ensure long-term viability in an evolving infrastructure environment.

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Frequently Asked Questions Regarding Magic Development Financial Insights

What are the most recent funding rounds that Magic Development has completed, and what were the funding rounds?
Magic Development has recently completed 1 funding rounds: Debt on May 2, 2020.
What is the total amount of funding Magic Development has raised to date?
Magic Development has raised a total of $150K in funding to date.
How many funding rounds has Magic Development completed?
Magic Development has completed 1 funding rounds.
How much funding did Magic Development raise in its most recent funding round?
Magic Development raised $150K in its most recent funding round.
Who are the lead investors in Magic Development's latest funding round?
The lead investor in Magic Development's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Magic Development's history?
The largest funding round in Magic Development's history was $150K.
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